The Sherwin-Williams Company $SHW Shares Purchased by ABN Amro Investment Solutions

Key Points

• ABN Amro Investment Solutions increased its Sherwin-Williams stake by 5.7% in the second quarter, bringing its holdings to 93,188 shares valued at approximately $32.1 million. Institutional investors collectively own 77.67% of the company.
• Analysts maintain a positive outlook, with nine Buy ratings and seven Holds, resulting in a consensus “Moderate Buy” rating and an average price target of $385.44.
• Sherwin-Williams beat quarterly earnings and revenue expectations, reporting $3.70 in EPS and $6.79 billion in revenue. The company also declared a quarterly dividend of $0.80 per share, equivalent to a 0.9% annualized yield.

ABN Amro Investment Solutions raised its holdings in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 5.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 93,188 shares of the specialty chemicals company's stock after purchasing an additional 5,053 shares during the quarter. ABN Amro Investment Solutions' holdings in Sherwin-Williams were worth $32,086,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Fideuram Asset Management Ireland dac purchased a new stake in Sherwin-Williams during the fourth quarter worth about $2,496,000. Kinsale Capital Group Inc. purchased a new position in Sherwin-Williams in the fourth quarter valued at about $4,805,000. Calamos Advisors LLC increased its holdings in Sherwin-Williams by 5.4% in the fourth quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company's stock valued at $58,520,000 after buying an additional 9,196 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Sherwin-Williams by 2.7% during the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company's stock valued at $7,529,752,000 after acquiring an additional 600,119 shares during the period. Finally, Blueline Advisors LLC acquired a new stake in shares of Sherwin-Williams during the 4th quarter valued at approximately $1,694,000. Institutional investors and hedge funds own 77.67% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Morgan Stanley restated an "overweight" rating and issued a $395.00 price target (up from $385.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. Citigroup reaffirmed a "buy" rating on shares of Sherwin-Williams in a report on Wednesday, July 29th. Berenberg Bank set a $380.00 target price on Sherwin-Williams in a research report on Monday, June 8th. Evercore reissued an "outperform" rating on shares of Sherwin-Williams in a report on Friday, May 8th. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a research report on Wednesday, July 8th. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $385.44.

Insider Buying and Selling

In related news, insider Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the completion of the sale, the insider owned 11,944 shares in the company, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.23% of the company's stock.

Sherwin-Williams Trading Up 0.4%

Shares of Sherwin-Williams stock opened at $361.62 on Friday. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65. The company has a debt-to-equity ratio of 2.16, a current ratio of 0.73 and a quick ratio of 0.46. The business has a 50 day moving average price of $335.22 and a 200 day moving average price of $332.72. The company has a market capitalization of $87.79 billion, a P/E ratio of 33.33, a P/E/G ratio of 2.68 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, beating analysts' consensus estimates of $3.52 by $0.18. The firm had revenue of $6.79 billion for the quarter, compared to analysts' expectations of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.Sherwin-Williams's quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Sell-side analysts anticipate that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.9%. Sherwin-Williams's dividend payout ratio (DPR) is presently 29.49%.

Sherwin-Williams Company Profile

Sherwin-Williams NYSE: SHW is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.

The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.

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